DR1 Daily News - Dominican Republic

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With 2020 being a “lost year,” a lot of people are now analyzing data from 2019. During that year the Dominican Republic attracted nearly 50% of all direct foreign investments in the Caribbean region, according to the December 2020 report by the Economic Commission for Latin America and the Caribbean (ECLAC). The entity stressed the fact that the Dominican Republic brought in over US$6 billion in foreign investment in 2019, and that represented a 20% increase over 2018. Guyana, Jamaica and the Bahamas were way behind those numbers. Most of the investments came from the United States, followed by Mexico and Spain. Investments were primarily in the tourism sector, followed by investments in real estate and the electricity sector.

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